101 Lake Wood Drive
About This Property
Whenever it works best, walk around and get a feel for all the potential. The most beautiful time of day is as the sun is setting through the trees and walking over to the lake where the free boat launch area is available as a resident.
Beautiful Property with commercial and residential potential- can be used for investment purposes or someone looking to build a home. It feels much bigger due to being a corner property, flat and usable. Electricity hookup available and already on and well water potential. Walking distance from boat launch, serene and peaceful.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | Listed by My Castle Realty | $68,000 | |
| Listed by My Castle Realty | |||
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Last Updated: 18 hours ago
Data Source: HAR , MLS# 59652403
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017